Prices are an essential part of the e-commerce business. Among other things, price is the first and usually the most important thing a customer looks at when they want to buy a product. That's why many companies rely on undercutting each other to win over potential customers. So, prices are an essential part of marketing, as they are an important tool for positioning in the market.
Through so-called repricing tools, it is possible to compare prices with the competition and automatically undercut them. Tools like pricemonitor or PriceAPI are price comparison services that enable online stores to compare products and services quickly and easily. For example, PriceAPI offers real-time price comparison, making it possible to find and compare all prices of a listed product from countless online stores.
With Synesty it is possible to link your online store with PriceAPI. This enables you to change your prices automatically depending on the competition and to undercut your competition if necessary.
We have created a tutorial for you, where we explain how you can link your Shopify store and PriceAPI with Synesty, so that your prices are changed automatically. This is of course possible with any store system.
Then register for our free test phase and install our PriceApi template right away.